Corporate News     24-May-22
Board of Oriental Carbon & Chemicals approves scheme of arrangement
At meeting held on 24 May 2022
The Board of Oriental Carbon & Chemicals at its meeting held on 24 May 2022 has approved the Scheme of Arrangement between the Company and OCCL ("Resulting Company") and their respective shareholders and creditors, which inter alia provides for the demerger, transfer and vesting of the Demerged Undertaking (as defined in the Scheme) from the Company into the Resulting Company, on a going concern basis and in consideration thereof, the Resulting Company shall issue its equity shares to the equity shareholders of the Company in the same proportion as their holding in the Company.
Previous News
  Oriental Carbon & Chemicals consolidated net profit rises 77.00% in the December 2020 quarter
 ( Results - Announcements 02-Feb-21   15:26 )
  Purple Finance Ltd leads losers in 'B' group
 ( Hot Pursuit - 24-Jul-24   14:45 )
  Oriental Carbon & Chemicals consolidated net profit declines 37.19% in the September 2021 quarter
 ( Results - Announcements 28-Oct-21   14:57 )
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 ( Results - Announcements 03-Nov-20   16:16 )
  Oriental Carbon & Chemicals schedules AGM
 ( Corporate News - 22-May-23   09:29 )
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 ( Corporate News - 12-May-23   10:32 )
  Oriental Carbon & Chemicals receives affirmation in credit ratings
 ( Corporate News - 12-Aug-22   16:11 )
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  Oriental Carbon & Chemicals
 ( Results - Analysis 01-Feb-22   22:45 )
  Oriental Carbon & Chemicals to hold board meeting
 ( Corporate News - 14-Jan-15   17:18 )
  Record date for Oriental Carbon & Chemicals second interim dividend announced
 ( Market Beat - Reports 30-Jan-10   14:15 )
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